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  Washington (AFP) Nov 24, 2024 Amid the inexorable shift toward more electric vehicles, oil and gas producers are looking increasingly to plastics to help keep them afloat, even if that sector faces challenges of its own. Plastics and chemical products now account for 15 percent of world demand for the refined petroleum products used to make them. But as "robust growth" continues, that should rise to 25 percent by 2050, Guy Bailey, head of oils and chemicals markets for research firm Wood Mackenzie, told AFP. This "refle ... read more |
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Concern as climate talks stalls on fossil fuels pledgeParis (AFP) Nov 24, 2024 The failure of UN climate negotiations to double down on a global pledge to move away from planet-heating fossil fuels on Sunday was decried by experts as a "worrying" setback to global progress on curbing warming. ... more 
Spin-powered crystals enable efficient hydrogen productionBerlin, Germany (SPX) Nov 26, 2024 The production of clean hydrogen through water splitting has long been limited by the slow kinetics of the oxygen evolution reaction, making it inefficient and expensive. However, researchers have d ... more 
Russian ruble hits lowest level against dollar since March 2022Moscow (AFP) Nov 22, 2024 The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a hypersonic missile on Ukraine and Washington sanctioned a key Russian bank. ... more 
Russia gave N. Korea oil, anti-air missiles in exchange for troops: officialsSeoul (AFP) Nov 22, 2024 Russia provided North Korea with oil, anti-air missiles and economic help in exchange for troops to support Moscow's war on Ukraine, government officials and a research group said Friday. ... more |
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Oil execs work COP29 as NGOs slam lobbyist presenceBaku (AFP) Nov 15, 2024 Oil executives descended on the COP29 talks in Baku for "energy day" on Friday as environmental groups denounced the presence of fossil fuel industry lobbyists at the UN climate talks. ... more |
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Oil execs work COP29 as NGOs slam lobbyist presenceBaku (AFP) Nov 15, 2024 Oil executives and lobbyists descended on COP29 in Baku for "energy day" Friday, as environmental groups denounced the presence of the fossil fuel industry at the UN climate talks. ... more 
UK scrambles jets to monitor Russian military plane over North SeaLondon (AFP) Nov 15, 2024 UK jets were scrambled to monitor a Russian reconnaissance aircraft flying close to UK airspace, the defence minister in London said on Friday. ... more 
COP29: TotalEnergies chief defends oil's climate 'progress'Baku (AFP) Nov 15, 2024 The head of French oil giant TotalEnergies admitted the sector's role in climate change on Friday but insisted it was making "continuous progress". ... more 
Trump taps oil exec, climate skeptic Chris Wright for energy secretaryWashington DC (UPI) Nov 16, 2024 President-elect Donald Trump on Saturday announced Denver-based oil executive Chris Wright as his choice for to head the Department of Energy. ... more |
Gore says 'absurd' to hold UN climate talks in petrostatesBaku (AFP) Nov 16, 2024 Former US vice president Al Gore told AFP Friday it was "absurd" for petrostates such as Azerbaijan to host UN climate talks, saying the selection process should be overhauled. ... more  Available on Amazon Books |
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UN climate chief urges G20 to spur tense COP29 negotiationsBaku (AFP) Nov 16, 2024 The UN's climate chief urged G20 leaders on Saturday to push COP29 talks towards a deal to raise money for developing nations as diplomats struggled to find common ground in marathon negotiations. ... more 
'Major loopholes' let oil and gas firms leak methaneParis (AFP) Nov 14, 2024 The world's major oil and gas companies have mostly vowed to stop leaking the extremely potent greenhouse gas methane into the atmosphere, but big loopholes in their pledges risk "exacerbating the climate crisis," a report warned Thursday. ... more 
Oil and gas investment vastly outstrips loss and damage aid: NGOParis (AFP) Nov 13, 2024 The oil and gas sector's production hit an all-time high last year with annual investment in deposit exploration averaging $61.1 billion (57.5 billion euros) between 2022 and 2024, German NGO Urgewald said in a report Tuesday, contrasting how that outstrips government climate damage pledges. ... more 
Fossil fuel emissions to hit new record in 2024: researchersParis (AFP) Nov 13, 2024 Planet-warming carbon dioxide emissions from oil, gas and coal rose to a new record high this year, according to preliminary research Wednesday that found no sign the world was moving away from fossil fuels. ... more |
Leaders urge climate action - and defend fossil fuels - at COP29Baku (AFP) Nov 12, 2024 Leaders of nations beset by climate disasters appealed Tuesday at the COP29 summit for greater urgency in fighting global warming, while others defended fossil fuels and their right to exploit them. ... more 
US finalizes waste methane fine on drillers, but future uncertainWashington (AFP) Nov 12, 2024 US President Joe Biden's outgoing government announced on Tuesday a rule to impose fees on the oil and gas industry for waste methane emissions from drilling operations, despite doubts it will take effect under his successor Donald Trump. ... more 
Environment groups lose appeal in Shell climate case in the NetherlandsThe Hague (AFP) Nov 12, 2024 Dutch judges ruled Tuesday against an appeal by climate groups who said oil giant Shell was not doing enough to curb its greenhouse gas emissions, striking down a landmark judgement three years ago. ... more 
Oil, gas 'gift of God', Azerbaijan president repeats at COP29Baku (AFP) Nov 12, 2024 Azerbaijan's president, whose country is hosting the COP29 climate talks, on Tuesday repeated his insistence that oil, gas and other natural resources are a "gift of the God." ... more |
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Court challenge begins against UK oil and gas field approvals Edinburgh (AFP) Nov 12, 2024 Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and gas fields in the North Sea, with activists optimistic of success after other favourable court rulings. ... more 
US warplanes attack Iran-backed Huthi targets in Yemen: PentagonWashington (AFP) Nov 10, 2024 US warplanes staged multiple strikes Saturday night on Iran-backed Huthi advanced weapons storage facilities in Yemen, the Pentagon said. ... more 
LNG's climate credentials a complicated issueParis (AFP) Nov 8, 2024 Liquefied natural gas (LNG) has positioned itself as a "transition" fuel to replace highly polluting coal. While LNG burns cleaner than coal, its climate impact is darkened by energy-intensive production and frequent leaks from gas fields. ... more  
Sacred cow: coal-hungry India eyes bioenergy to cut carbonBarsana, India (AFP) Nov 8, 2024 Venerated as incarnations of Hindu deities, India's sacred cows are also being touted as agents of energy transition by a government determined to promote biogas production to cut its dependence on coal. ... more |
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Harnessing oil and gas windfall profits for climate fundingBerlin, Germany (SPX) Nov 09, 2024 Negotiations over new financial commitments from industrialized nations to aid developing countries will be a focal point at the upcoming UN Climate Change Conference starting November 11. A study i ... more |
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Researchers advance hydrogen jet engine design for sustainable aviationZurich, Switzerland (SPX) Nov 09, 2024 Europe is making strides toward climate-neutral air travel with a focus on sustainably produced hydrogen as fuel. In support of this, the EU launched a project last year to aid industry and academia ... more 
U.S. secures 200 million barrels of oil for strategic reserveWashington DC (UPI) Nov 8, 2024 The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic oil reserve. ... more 
Venezuela signs defense, energy deals with Russia; Greek tanker crippled by Huthi rebels starts oil transferCaracas (AFP) Nov 8, 2024 Venezuela and its most powerful ally Russia signed agreements Thursday on intelligence-gathering and counter-espionage as well as energy cooperation during a visit by a senior Kremlin official to Caracas. ... more 
Time running out for Canada to meet climate target: auditOttawa (AFP) Nov 7, 2024 Canada is fast running out of time to implement policies to slash greenhouse gas emissions in order to meet its Paris Agreement target, the environment commissioner warned Thursday. ... more |
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